SC-appointed Justice Rao recommends striking balance between AIFF autonomy and bidders' interests
The Indian government has initiated the process of procuring All-Terrain Vehicles (ATVs) for deployment along the northern borders for the Indian Army. The Ministry of Defence has issued a Request for Information (RFI) seeking vendors who can supply the vehicles. The RFI outlines operational and technical specifications for the ATVs, including a minimum seating capacity of four personnel, disc brakes, automatic transmission, and heliportability by Chinook/Mi26 helicopters.
'USA Cricket continues its instrumental work in supporting our national players and equipping youth and local communities with the tools they need to succeed in this sport.'
There has been no fresh induction of artillery guns since the infamous Rs 1,437-crore Bofors deal, under which 410 155mm 39-calibre field Howitzers were bought in 1986.
The BCCI Apex Council met, on Friday, to decide on a number of issues including apparel sponsorship, which is a significant if not huge income for BCCI.
As many as seven firms, including JM Financial, Ernst and Young and Deloitte, have bid for managing the strategic sale of IDBI Bank. These firms would make a virtual presentation before the Department of Investment and Public Asset Management, which is handling the sale process, on August 10, according to a notice by DIPAM. The firms that have bid for acting as transaction advisor are Deloitte Touche Tohmatsu India LLP, Ernst and Young LLP, ICICI Securities, JM Financial Ltd, KPMG, RBSA Capital Advisors LLP and SBI Capital Markets.
Going by the current market cap of Rs 83,451.15 crore, 7.33 per cent stake in BPCL is expected to be valued around Rs 6,117 crore.
The cost of the project will be Rs 21,738 crore, the sources said.
The status of the current submarine force level is alarming and we need to address the threat perceptions expeditiously. Critical decisions pertaining to national security cannot be delayed any further due to the rapidly changing maritime threat perceptions and growing strategic importance of the Indian Ocean region, asserts Commodore Venugopal Menon (retd).
The defence ministry has already shortlisted two Indian shipyards and five foreign defence majors for the project, being billed as one of biggest "Make in India" ventures.
The MoD panel had submitted its report in March 2015, weeks before Prime Minister Narendra Modi announced that India would procure 36 jets.
The amount is penalty charged on the Mukesh Ambani-led company for failing to develop the C-66 plot in G Block, named as One BKC.
'With the new DPP, there will be greater transparency and faster clearances.'
Meanwhile, Congress president Rahul Gandhi took a swipe at the Modi government and Anil Ambani over the Rafale issue, saying that in order to bag India's biggest defence contracts one has to be a "defaulter of Rs 45,000 crore" and have "no relevant experience".
Sanjay Jalona, CEO & MD of LTI says the push would be to increase digital business and look at outcomes in projects for customers.
'It is hard to justify $225 million a plane for an increasingly obsolete mission.' The purchase of the 36 Rafales has changed little for the IAF.
In 28 months, Manohar Parrikar as defence minister developed easy relationships with the top brass of the three Services as was rarely ever witnessed before. He threw caution to the winds and managed to pull the forces out of a downward spiral in operational capabilities.
